Weekly CWT Export Update

News EditorButter, cwt, Export

Cooperatives Working Together (CWT) has announced their weekly export acceptance bids.

Both of the bids were from Dairy Farmers of America of Kansas City, MO, for the export of butter to Morocco in the following amounts: 125 metric tons (275,578 pounds), and 75 metric tons (165,347 lbs.).

CWT will pay an export bonus to the bidder, only when delivery of the product is verified by the submission of the required documentation.

With these accepted bids, CWT’s total 2008 export obligations are: butter, 15,587 metric tons (34.2 million lbs.); cheese, 1,315 metric tons (2.9 million lbs.); whole milk powder, 170 metric tons (374,000 lbs.); and anhydrous milkfat, 4,638 metric tons.